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Bitcoin News Digest Thursday, June 13, 2019

Bakkt Names Launch Date for Bitcoin Futures Testing

Executives compared the launch to the 1969 moon landing after Bakkt faced multiple delays due to compliance issues.

 

Bitcoin Startup Bitrefill Raises $2 Million Funding for Global Expansion

The veteran bitcoin startup Bitrefill, which offers cryptocurrency gift cards for mainstream brands and lightning-enabled payment services, plans to e

 

Researchers: bitcoin’s carbon footprint equal to Las Vegas

BERLIN (AP) — Researchers calculate that the electricity required for the virtual currency bitcoin generates as much carbon dioxide as a city like Las Vegas. The Technical University of Munich said Thursday that researcher Christian Stoll and colleagues first calculated the power consumption of the entire bitcoin network. They then combined the results with the carbon emissions from electricity production in the countries where the computers were located, concluding that bitcoin’s carbon footprint in late 2018 was 22-22.9 megatons of CO2 per year. Stoll, who also works at the Massachusetts Institute of Technology, said the findings should prompt policymakers to consider regulating bitcoin so it uses mainly low-carbon, renewable energy. Alex de Vries, a bitcoin expert who wasn’t involved in the study, said the figures were plausible and probably on the conservative side.

 

Bitcoin mining generates as much CO2 as a small country, study estimates

The newest study on bitcoin’s energy consumption estimates that about 22 megatons in CO2 emissions are generated per year, Wired reports; approximately equivalent to the carbon footprint of Jordan, Sri Lanka, or Kansas City.The post Bitcoin mining generates as much CO2 as a small country, study estimates

 

Bitcoin Price Eyes Chart Pattern That Kicked Off Bull Market in 2015

A long-term bitcoin (BTC) price indicator is about to turn bullish for the first time in nearly four years.

The 50-candle moving average (MA) on the

 

Buy Bitcoin, Litecoin as Technicals Suggest Higher Prices: Fundstrat

By CCN Markets: Independent research firm Fundstrat Global Advisors has great news for litecoin and bitcoin enthusiasts. Technical analysis carried out by the firm indicates that most of the cryptocurrencies are set to go on a bull run, and investors should start buying them. Noted bitcoin analyst is

 

For First Time in 4 Years, Key Indicator May Signal Bitcoin Price Rally

By CCN Markets: According to technical analyst Eric Thies, a key technical indicator may signal strong long-term momentum for bitcoin for the first time since 2015. The last time the 1-month moving average convergence divergence (MACD) achieved a signal cross, the bitcoin price increased from $400 to

 

Bloomberg – Are you a robot?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our

 

California man gets 10 years for selling drugs for Bitcoin on dark web

A US man who sold narcotics on the dark web in exchange for Bitcoin has been sentenced to 10 years in federal prison.

 




Indian police arrest 78 in Bitcoin call center scam

A call center scam that targeted US citizens and requested payment in Bitcoin has been busted by police in India resulting in the arrest of 78 people.

 

Bitcoin price prediction: BTC/USD consolidates gains above $8,100 – Bitcoin confluence

Bitcoin (BTC) has settled above $8,100 after a strong rally on Wednesday. A sustainable move above this barrier has improved the technical picture, th

 

Tether and Search Engine Data Reveals China Fueling Bitcoin Rally

Over the past three months, the bitcoin price has risen from $3,911 to $8,120 against the U.S. dollar on major crypto exchanges.

 

No One Actually Knows What Bitcoin Will Do Next

Bitcoin and cryptocurrency markets are highly volatile and, according to new research, incredibly unpredictable, appearing to move independently of most traditional or expected indicators…

 

Is bitcoin growing up? Regulated futures boom as investors seek a…

When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing signs it’s entering the establishment its creators sought to subvert.

 

Bitcoin (BTC) Price Smashes Resistance: Primed For More Gains

Bitcoin price started a strong rise after it broke the $8,000 barrier against the US Dollar. BTC is back in a positive zone and it might continue to rise towards the $8,400 level.

 

Crypto Market Starts Fresh Increase: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The crypto market cap gained more than $10B, with positive moves in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH, tron (TRX), litecoin and EOS are currently gaining momentum.

 




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